Experience of Privatisation, Regulation and Competition: Lessons for Governments

Lesley Davies, Kathryn Wright and Catherine Waddams Price ()
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Kathryn Wright: Centre for Competition Policy, University of East Anglia
Catherine Waddams Price: Centre for Competition Policy, University of East Anglia

No 05-5, Working Papers from Centre for Competition Policy, University of East Anglia

Abstract: This policy paper offers a synthesis of research on privatisation and its impacts on the utilities sector in different countries. It identifies issues to be considered by policy makers concerned with economic reform, including the implications of sequencing privatisation together with competition, regulation and industry restructuring; the role and importance of an independent regulatory agency; and the impact of introducing competition into utility markets. In addition to assessing reform through the more conventional method of examining productivity gains, it considers the distribution of the broader benefits from reform among key stakeholders - government, investors and consumers.

Keywords: Utility sector reform; privatisation; economic regulation; competition; regulatory agency; sequencing; impact and benefits of economic reform (search for similar items in EconPapers)
JEL-codes: D02 G18 L3 L33 L5 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2005-04
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Persistent link: https://EconPapers.repec.org/RePEc:ccp:wpaper:wp05-05

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